I'm aware of the low daily trading volume on GRO. Thought
you and Matt had it on your trade ideas list a while back, but I
may be mistaken: it may have caught my eye while perusing low
priced stocks through another source. I take it you don't
feel patterns are as reliable when the underlying stock is thinly
traded. Or perhaps they just tend to be riskier. GRO
definitely has formed an a-typical pattern.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
GRO
Posted by RichieD on 16th of Jul 2013 at 10:48 am
Been trading sideways in an incredibly tight range after a huge move up in March. Any thoughts which way it breaks and when?
Richie - GRO is very
Posted by steve on 16th of Jul 2013 at 11:02 am
Richie - GRO is very thin stock (more of a swing) that tends to move on news. No guesses from me.
Thanks, Steve.
Posted by RichieD on 16th of Jul 2013 at 03:19 pm
I'm aware of the low daily trading volume on GRO. Thought you and Matt had it on your trade ideas list a while back, but I may be mistaken: it may have caught my eye while perusing low priced stocks through another source. I take it you don't feel patterns are as reliable when the underlying stock is thinly traded. Or perhaps they just tend to be riskier. GRO definitely has formed an a-typical pattern.